Mascot Forex Consultancy Private Limited
About Mascot Forex Consultancy Private Limited
Data last updated:
Mascot Forex Consultancy Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the forex services segment of the financial services sector. It was incorporated on 23 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74140MP2011PTC026245. Its GSTIN is 23AAHCM2584M1Z5 (Madhya Pradesh).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors Ashish Jagdish Chandra Saini and Mohanlal Verma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ground Floor Abhay Prashal (Khel Prashal) Race Cource Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.19 Cr, a growth of 54% compared to the previous year. For the same year it recorded a net profit of ₹5.66 Lakh (net margin 0.1%) and EBITDA of ₹11.38 Lakh (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 165% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹10 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressGround Floor Abhay Prashal (Khel Prashal) Race Cource Road, Indore, Madhya Pradesh, India – 452001
- IndustryFinancial Services, Forex Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Mascot Forex Consultancy Private Limited
The main business activity of Mascot Forex Consultancy is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mascot Forex Consultancy Private Limited FY 2025 filings available
Mascot Forex Consultancy Private Limited reported revenue of ₹41.19 Cr (up 54% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mascot Forex Consultancy Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 54% growth in the latest year. EBITDA rose 25% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Mascot Forex Consultancy Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹11.38 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.66 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Mascot Forex Consultancy Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mascot Forex Consultancy are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Mascot Forex Consultancy Private Limited
Mascot Forex Consultancy has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Jagdish Chandra Saini | Director | 01 Jan 2013 | 13 Years 9 Months | Current |
| Mohanlal Verma | Director | 13 Jun 2012 | 14 Years 4 Months | Current |
Peer Comparison of Mascot Forex Consultancy Private Limited
Mascot Forex Consultancy Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Money Exchange Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rameswar Forex & Travels Private Limited | ₹42.67 Cr (FY 2024) | •••• | •••• | 112.0% | •••• | Kolkata, West Bengal, India |
| Sujoy Forex Private Limited | ₹42.64 Cr (FY 2025) | •••• | •••• | -47.0% | •••• | Kolkata, West Bengal, India |
| Amistad Tours and Travesl Private Limited | ₹42.3 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Kolkata, West Bengal, India |
| Sanah Forex and Travels Private Limited | ₹41.96 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Excoinage Forex Private Limited | ₹41.38 Cr (FY 2023) | •••• | •••• | 1796360.0% | •••• | New Delhi, Delhi, India |
| Mascot Forex Consultancy Private Limited this company | ₹41.19 Cr (FY 2024) | •••• | •••• | 54.0% | •••• | Indore, Madhya Pradesh, India |
| Bonton Money Exchange Private Limited | ₹40.85 Cr (FY 2024) | •••• | •••• | -48.0% | •••• | Mumbai, Maharashtra, India |
| DKG Travels & Forex Private Limited | ₹40.79 Cr (FY 2024) | •••• | •••• | -49.0% | •••• | Kolkata, West Bengal, India |
| Ebix Money Express Private Limited | ₹40.79 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Mumbai, Maharashtra, India |
| BMS Forex Private Limited | ₹40.78 Cr (FY 2025) | •••• | •••• | -63.0% | •••• | Lucknow, Uttar Pradesh, India |
| Parth Forex Private Limited | ₹40.59 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Mascot Forex Consultancy by revenue in the BFSI industry (Money Exchange Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mascot Forex Consultancy Private Limited
Mascot Forex Consultancy Private Limited is audited by NAHATA MAHAJAN & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NAHATA MAHAJAN & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Mascot Forex Consultancy Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mascot Forex Consultancy Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Oct 2016 | Others | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Mascot Forex Consultancy Private Limited
Mascot Forex Consultancy Private Limited has 1 court case on record: 1 filed by Mascot Forex Consultancy. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed by the company against Union of India Through Secretary Ministry of Finance Secretary Department of Revenue No. 137 North Block, Cabinet Secretariat, Raisina Hill, New Delhi ,New Delhi , Delhi and 1 other | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Mascot Forex Consultancy Private Limited
Employment history and EPFO contributions of people linked to Mascot Forex Consultancy.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Mascot Forex Consultancy Private Limited
Mascot Forex Consultancy Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Abha Saini ceased to be Director on 03 Jan 2013.
Credit Ratings, Litigation & Regulatory Alerts for Mascot Forex Consultancy Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mascot Forex Consultancy Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mascot Forex Consultancy Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mascot Forex Consultancy Private Limited
Mascot Forex Consultancy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAHCM2584M1Z5 | Madhya Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mascot Forex Consultancy Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mascot Forex Consultancy Private Limited
Mascot Forex Consultancy is an active private limited company based in Indore, Madhya Pradesh, India. The company works in forex services, within the financial services industry. It was incorporated on 23 June 2011 (15+ years old) and is registered under CIN U74140MP2011PTC026245.
Mascot Forex Consultancy reported revenue of ₹41.19 Cr for FY 2024 (up 54% YoY).
Mascot Forex Consultancy has 2 current directors:
- Ashish Jagdish Chandra Saini - Director
- Mohanlal Verma - Director
Mascot Forex Consultancy reported a net profit of ₹5.66 Lakh (net margin 0.1%) and EBITDA of ₹11.38 Lakh (EBITDA margin 0.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mascot Forex Consultancy is 165% over three years and 6% over five years. In the latest year (FY 2024) revenue rose 54%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mascot Forex Consultancy is 23AAHCM2584M1Z5, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Mascot Forex Consultancy is U74140MP2011PTC026245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mascot Forex Consultancy has 1 court case on record: 1 filed by the company.
Mascot Forex Consultancy was incorporated on 23 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Mascot Forex Consultancy by revenue are Rameswar Forex & Travels Private Limited, Sujoy Forex Private Limited, Amistad Tours and Travesl Private Limited, Sanah Forex and Travels Private Limited, Excoinage Forex Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Abha Saini ceased to be Director on 03 Jan 2013. Ashish Jagdish Chandra Saini was appointed as Director on 01 Jan 2013. Ashish Jagdish Chandra Saini ceased to be Director on 18 Jun 2012. Mascot Forex Consultancy has 4 board changes on record in total.